While the 30 yrs yield is almost making a triple bottom!
I reckon how stocks, bonds, going forward is at the mercy of this SUPPORT region IMHO
If after some struggling including false break down, price manages to find support and grind up slowly, chances of rate hike increase
If it breaks down below and move further south from triple support, i will forget about rate hike
but it is base on my HO
I do not want to believe UNTIL the Channel really PROVE itself again :-)
In a context where macro data are improving and Rates hike may be coming, you must be kept wondering: enough growth to get out of here and buy risky assets (that are kind of expensive (compared to history at least)... Not a trivial bet.
I would rather hold treasuries at this rate than the Italian BTP :)